Actuary Salary in Plainfield, IN: $121,042 (2026)
Quick Answer:A full-time actuary in Plainfield, IN earns a median $121,042/year (≈ $58.19/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Plainfield's price level (9% below national, BEA RPP 91.3), that paycheck buys what $132,576 would nationally. Nominal pay sits 1.2% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Plainfield, Indiana, are projected to earn a median annual salary of $121,042, which is notably lower than the national median of $134,160. The salary range for this profession in Plainfield varies significantly, with the lower 10th percentile earning approximately $74,117 and the upper 90th percentile commanding around $187,616. These figures, derived from 2025 BLS estimates adjusted for local cost considerations, reflect the salary's dependence on specialization, particularly between the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) paths. In this market, local opportunities may lean towards life and health insurance roles, but those with a CAS background in property and casualty may also find competitive openings. Overall, Plainfield offers a solid ground for actuarial careers, especially for individuals seeking to balance work and life in a smaller, community-oriented setting.
About the Plainfield Market
Salary estimated from Indiana average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,117 | $35.63 |
| Lower Range (P25) | $95,525 | $45.92 |
| Median (P50)(typical) | $121,042 | $58.19 |
| Upper Range (P75) | $154,458 | $74.26 |
| Top Earners (P90) | $187,616 | $90.20 |
Median Salary Position
9.78% below the national average
2026 Salary Percentile Distribution in Plainfield
In Plainfield, IN, the actuary salary spread from the 10th to 90th percentile is $113,499 (2026 est.). At $121,042, the local median is 9.78% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Plainfield: You'd be in the lower-middle range
How Plainfield Actuary Pay Compares
Plainfield median: $121,042/year (2026)
| Compared To | Median Salary | Plainfield Pays |
|---|---|---|
| Indiana Average | $122,512 | -1.20% less |
| National Average | $134,160 | -9.78% less |
Actuarys in Plainfield, IN earn a median of $121,042 per year (2026 est.), which is 9.78% lower than the national median of $134,160 and 1.20% below the Indiana state average of $122,512.
Cost-of-Living Adjusted Salary
Plainfield has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Plainfield, IN has a cost-of-living index of 91.3 (below the national average of 100). A actuary earning $121,042 nominally has purchasing power equivalent to $132,576 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$97,756
2025 BLS Actual
$117,289
2026 Current Est.
$121,042
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Plainfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,756 | Actual |
| 2020 | $100,174 | Actual |
| 2021 | $95,545 | Actual |
| 2022 | $102,844 | Actual |
| 2023 | $108,267 | Actual |
| 2024 | $103,756 | Actual |
| 2025 | $117,289 | Actual |
| 2026(current) | $121,042 | Estimated |
| 2027 | $124,916 | Projected |
Based on 7 years of BLS OEWS data for the Plainfield metropolitan area, the median actuary salary grew 20.0% from $97,756 (2019) to $117,289 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $124,916 by 2027 — a total increase of $27,160 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Plainfield metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $74,117 – $95,525 |
| 3-5 years (Mid Career) | $95,525 – $121,042 |
| 5+ years (Experienced) | $121,042 – $154,458 |
| 10+ years (Top Earner) | $154,458 – $187,616 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Plainfield
The job market for actuaries in Plainfield reveals a modest employment landscape, with only seven actuaries currently employed in the area. The local cost of living index, sitting at 91.3, is below the national average, which positively impacts take-home purchasing power. Key employers in Plainfield include major life insurance firms like Prudential and MetLife, along with consulting giants such as Mercer and Aon. The compensation gap seen among actuaries in this region can largely be attributed to exam progression and specialization; each exam passed can increase an actuary's base salary by $3,000 to $8,000, incentivizing continued education and credentialing. For those striving to maximize their actuary pay in Plainfield, pursuing additional credentials, especially progressing from ASA to FSA, along with gaining experience in high-paying specialties like consulting or predictive analytics, can drive significant salary growth. Efforts to network within local actuarial associations and seek lucrative opportunities within larger firms could also enhance earning potential.
More salary data for Plainfield, IN:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $117,289 for actuariesin the Plainfield metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Plainfield is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov